IN RE INTERBANK FUNDING CORP.

Nos. 02-41590 (BRL), 02-4159KBRL), 02-41592(BRL), 02-15477(BRL).

310 B.R. 238 (2004)

In re INTERBANK FUNDING CORP., IBF Vl-Secured Lending Corporation, IBF Collateralized Finance Corporation and IBF Premier Hotel Group, Inc., Debtors.

United States Bankruptcy Court, S.D. New York.

May 21, 2004.


Attorney(s) appearing for the Case

Kaye Scholer LLP, by Arthur J. Steinberg, Brian E. Kriger, Heath D. Rosenblat, New York City, for Arthur Steinberg, Esq., ICA Trustee, in his capacity as Liquidating Agent & Manager of IBF Liquidating LCC and IBF Fund Liquidating LLC.

Michael R. McCray, Pine Bluff, AR, for Dillard-Winecoff, LLC.

Sullivan & Worcester LLP, by Matthew B. Giger, New York City, for Atlantic Bank of New York.

Schulte Roth & Zabel LLP, by Brian F. Moore, New York City, for the Liquidating LLC Committee.


MEMORANDUM DECISION EXPUNGING CLAIMS 1709 AND 1712

BURTON R. LIFLAND, Bankruptcy Judge.

By convoluted and somewhat bizarre means, the claimant Dillard-Winecoff LLC ("Dillard"), seeks to undo the effects of a 1999 mortgage foreclosure proceeding previously settled in the Georgia courts.

IBF Liquidating LLC ("IBF LLC") and IBF Fund Liquidating LLC ("Fund LLC" and, together with IBF LLC, the "Liquidating LLCs"), by and through their manager and...

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